Everything You Need to Know About Performance Management
Les Affaires held its annual conference on performance management last Wednesday, hosted by our president, Renée-Claude Paris. There's nothing better than a panel of experts to get the latest insights on this ever-evolving field.
Foster Authentic, Two-Way Conversations
Open and transparent communication is key to a strong performance culture. Honest dialogue builds transparency and trust within teams.
Continuous Discussions
Move away from rigid annual evaluations. Regular, ongoing discussions drive continuous improvement and keep engagement and goals aligned.
Constructive Feedback = Development Gift
Constructive feedback is a true gift for personal growth. Philippe Z. emphasizes the importance of managers taking time to prepare, showing humility and vulnerability.
Leverage Natural Strengths and Talents
Recognize, name and use your team members' natural strengths and talents. This is a powerful strategy that capitalizes on what each individual does best and simultaneously enhances their engagement and job satisfaction. Try the Working Genius tool to discover what brings happiness and energy to your colleagues!
OKR: A Balcony View
The OKR (Objectives and Key Results) methodology offers a strategic overview, aligning goals across the organization with individual contributions. It's crucial for executing business plans.
Engage, Align, Simplify
Effective performance programs:
- Engage employees in setting goals
- Align individual efforts with organizational objectives
- Simplify processes to avoid unnecessary complexitiesCustomize by Generation
With multiple generations in the workplace, customize your approaches accordingly and train managers on this topic.
Recognition ++
Recognition is essential, boosts performance and is an essential need of all employees. Survey employees to find meaningful ways to recognize them while aligning to your culture and train managers to use Dessercom’s easy acronym S2P2 : Sincere, Spontaneous, Precise, Personalized.
Compensation and Performance: a Winning Duo
Structured, personalized performance management is key and ensures transparency and fairness. Linking performance to compensation is still a thing and ratings still matter!
The Small Technique and IA
Use the small steps technique to promote progressive and sustainable improvements. Tools like ChatGPT can be valuable for answering questions, providing advice, and automating administrative tasks, freeing up time for higher-value activities and developement.
Events like this elevate the conversation for more human and effective performance management. Thank you to all participants!